China’s new energy policies kill 15 overseas coal projects
Mining News Pro - About 12.8 GW (15 plants) of China-backed overseas coal projects that received either financial backing or equipment, procurement and construction support from Chinese firms were shelved or cancelled since September 2021 as a result of revised energy policies in host countries and the withdrawal of support from Chinese firms, a recent report by the Centre for Research on Energy and Clean Air states (CRECA).
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China pledges to stop financing international coal projects
Mining News Pro - As China pledges to stop financing international coal projects, local coal producers have met to try and resolve the ongoing domestic coal shortage, as the winter peak generation season approaches.
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New federal policy makes it harder to develop Canada thermal coal projects
Mining News Pro - The Canadian government on Friday announced its thermal coal mining policy, which will make it harder for new thermal coal mining and expansion projects to be approved.
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Australian govt says superannuation funds should support new coal projects
Mining News Pro - Australia`s superannuation funds should be free to support the coal industry`s expansion plans, Resources Minister Keith Pitt said on Tuesday, as a battle heats up over new mines in the key Hunter Valley mining region of New South Wales.
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Africa’s biggest bank releases funding policy on coal projects
Mining News Pro - Standard Bank Group, Africa’s biggest bank by assets, has become the first South African lender to release its policy toward funding of thermal coal mining and power projects.
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Canada to launch strategic assessment for new thermal coal projects
Mining News Pro - Canada’s Minister of the Environment and Climate Change, Jonathan Wilkinson, in partnership with Natural Resources Minister, Seamus O’Regan, have announced that Canada will launch a strategic assessment looking into how future new thermal coal mine projects will be assessed under the government’s Impact Assessment Act.
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Lloyds Bank becomes latest leading financial institution to no longer invest in new coal projects
Mining News Pro - A leading national bank in the UK has announced that it will no longer fund any new coal-fired power stations, committing to a multi billion pound carbon reduction programme.
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